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The global luxury marketplace has switched on Pay by Bank for customers in the UK, Germany and the Netherlands.

Tom will transition from his current role as Volt CEO to lead VX2, a groundbreaking new stablecoin settlement solution.

Volt’s advanced open banking payment initiation capabilities will be integrated into Alchemy Pay’s on-ramp service.

The licence will enable us to directly issue virtual accounts to merchants via Connect, our cash management tool.

The partnership will enable motorists to pay vehicle deposits – and for repairs and services – direct from their bank account.

The collaboration will facilitate the removal of a plastic bottle from the ocean every time a shopper checks out with Volt.

The payments automation platform is now equipped to offer its merchants Volt-powered real-time payments.

Our new raise will fund expansion into new international markets and support the development of our product suite.

The leading commerce company approved Volt due to its reach, connectivity and standardised payment experience.

The white-label account-to-account payment specialists will now offer Request to Pay alongside its Direct Debit product.

The partnership, announced at Money20/20 Europe, will bring the power of open banking to merchants across the globe.

The new partnership reflects growing merchant demand for fraud prevention tools and open banking technology.